Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 35 - No. 33) | ExamPlay

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 35 - No. 33)

A business purchases goods on credit. In which journal would this transaction be initially recorded?

Sales Journal

Cash Book

Purchases Journal

General Journal

Explanation

The Purchases Journal records purchases of goods on credit.

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